2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Brazil-Burkina Faso Trade: In 2022, Brazil exported $30.7M to Burkina Faso. The main products that Brazil exported to Burkina Faso were Raw Sugar ($18.8M), Refined Petroleum ($2.28M), and Paper Containers ($2.06M). Over the past 5 years the exports of Brazil to Burkina Faso have increased at an annualized rate of 3.5%, from $25.9M in 2017 to $30.7M in 2022.

In 2022, Brazil did not export any services to Burkina Faso.

Burkina Faso-Brazil Trade: In 2022, Burkina Faso exported $101k to Brazil. The main products that Burkina Faso exported to Brazil were Other Pure Vegetable Oils ($57.5k), Cleaning Products ($18.6k), and Excavation Machinery ($10k). Over the past 5 years the exports of Burkina Faso to Brazil have decreased at an annualized rate of 27.4%,  from $501k in 2017 to $101k in 2022.

In 2022, Burkina Faso did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $30.7M to Burkina Faso. The main products exported from Brazil to Burkina Faso were Raw Sugar ($18.8M), Refined Petroleum ($2.28M), and Paper Containers ($2.06M). During the last 5 years the exports of Brazil to Burkina Faso have increased at an annualized rate of 3.5%, from $25.9M in 2017 to $30.7M in 2022.

In 2017, Burkina Faso exported $101k to Brazil. The main products exported from Burkina Faso to Brazil were Other Pure Vegetable Oils ($57.5k), Cleaning Products ($18.6k), and Excavation Machinery ($10k). During the last 5 years the exports of Burkina Faso to Brazil have decreased at an annualized rate of 27.4%, from $501k in 2022 to $101k in 2017.

Exports from Brazil (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Burkina Faso
Top Destination
Switzerland$6.08B

This map shows whether countries import more from Brazil or Burkina Faso. Each country is colored based on the difference in imports they receive from Brazil and Burkina Faso or the difference in the growth in imports.

In 2022, countries that imported more from Brazil than Burkina Faso included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Burkina Faso than Brazil included Switzerland ($6.08B), Mali ($304M), and Rwanda ($36.4M).

Difference in imports from Burkina Faso (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Burkina Faso

Flow
Scale

This chart compares trade between Brazil and Burkina Faso by product, considering products traded by both, Brazil and Burkina Faso.

During 2022, Brazil had a large net trade with Burkina Faso in the exports of Foodstuffs ($19.5M), Transportation ($2.57M), and Paper Goods ($2.5M).

During 2017, Burkina Faso had a large net trade with Brazil in the exports of Animal and Vegetable Bi-Products ($57.5k), Chemical Products ($20.5k), and Machines ($10k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Burkina Faso+$5.3MRefined Petroleum
Top Product Potential Burkina Faso Brazil+$121kOther Pure Vegetable Oils

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Burkina Faso. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Burkina Faso. Similarly, a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Burkina Faso (Flag) (2022)

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